Ann: Revised Arrangements Agreed with Ebtec, page-25

If they survive to years end they'll be lucky to reach 20ktpa. To triple that figure means more expenditure, this is the crux of the problem time and money. As of now it looks like they're short on both.

(If some other cash cow happens)This is 2-3 years from cash flow positive at best, maybe 4 if history of not hitting targets suggests. They'll need a long run of positives which isn't easy here. In the meantime some peepers need to be scanning the paddock.